"The United States and our negotiating partners have also fully implemented our commitments to lift nuclear-related sanctions, and we will continue to uphold our commitments as long as Iran continues to abide by the deal," Obama said.
Since the deal was signed, Iran has sent nearly all of its enriched uranium to other nations, dismantled two thirds of its uranium enrichment centrifuges, dismantled a plutonium nuclear reactor and permitted intrusive international inspections, the statement explained.
"The international community will have more than enough time to respond if Iran’s program proves otherwise," Moniz said.
On July 14, 2015, the P5+1 group of countries, consisting of the United States, Russia, China, France and the United Kingdom plus Germany, and Iran, reached the JCPOA to ensure the peaceful nature of Iran’s nuclear program in return for sanctions relief.
The International Atomic Energy Agency confirmed in January 2016 that Iran had fulfilled its obligations under the nuclear pact, prompting Brussels to scale down nuclear-related economic and financial sanctions.
Critics of the deal say that the agreement will allow Iran to continue developing atomic bombs after a decade.